31A, BANK ROAD, LLANGENNECH, LLANELLI, SA14 8UB - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31A BANK ROAD is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £295,000 in May 2021, which was around 30% above the average May 2021 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

31A BANK ROAD Sold Prices

Land registry data shows three sales for 31A BANK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. All of the three 31A BANK ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 14 MAY	£295,000	£227,245	30% above HPI
2007 18 MAY	£200,000	£184,982	8% above HPI
1997 12 JUN	£60,000	£58,180	3% above HPI

31A BANK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Carmarthenshire local authority area over time, sourced from the HPI. The three 31A BANK ROAD sales between June 1997 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 31A BANK ROAD?

31A BANK ROAD is 132m² according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses in Llangennech, based on EPC data. The below chart shows the distribution of detached houses by size in Llangennech, and where 31A BANK ROAD lies on this distribution: 79% of detached houses are smaller than 31A BANK ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Llangennech.

31A BANK ROAD: Plot and Title Map

31A BANK ROAD sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of 31A BANK ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 31A BANK ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 31A BANK ROAD?

31A BANK ROAD is located in LLANGENNECH, in the SA14 postcode district. The below map shows the position of No. 31A on BANK ROAD.